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  1. T

    Working on Consistent Profitability

    Kinda an annoying day. I had a really good morning up over 50 ticks and I felt like I was trading really well. The 7-8 hour was a bit hard to trade...i thought it would chop around all day but it fell off nicely. Anyway, I picked up over 50 points out of the move from the 87.49 level till it...
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    Working on Consistent Profitability

    Im really happy with the way trading went today. I really wanted to focus on getting out vs. staying in on the 15-25 tick winners that I seem to have trouble with and today was the perfect day to do that. There was pretty good movement but a lot it was short lived. This helped out a lot with...
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    Working on Consistent Profitability

    Wound up being an mediocre day... I had a big 60+ tick winner on the big move in the morning and I got fixated on the 100 tick mark since it was just around the corner. I think that also aided in some of my poor trading. Maybe forced some stuff and took 2-3 bad trades. Total Trades: 7...
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    Working on Consistent Profitability

    I thought I would take a break from trading this morning as my trading has rapidly turned to crap today. Started off the day with a huge winner followed by 4 losers in a row b/c Im trading terrible...Anyway, need to get caught up a bit on the journal... Friday, I totally forgot I had family...
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    Matcha's Dow E-mini Journal

    Brian, 1. take this with a grain of salt b/c Im a newb and 2. just trying to discuss not argue... I feel you are being a bit pushy about getting your point across. Saying it is wrong to do this or that in trading seems somewhat naive or ignorant. Im sure there are plenty of traders that...
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    Working on Consistent Profitability

    At that point, aren't you just doing that to satisfy your nerves? IMO, your original entry wasn't as good as your original analysis so you as the trader made the error...it seems like you are trying to make an improperly defined entry point work. Ok...for arguements sake, now where and when...
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    Working on Consistent Profitability

    What a blah day for me...Not to make excuses or anything, but I was a bit out of it all day...I swear my dog is like having a kid...or at least what I think it would be like. Hes been waking up at 4am for the past 3 nights, whining. I have to go out into the living room and put a blanket back...
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    Working on Consistent Profitability

    Bill, thanks for your input...not trying to disagree here, just bring up discussion: In regards to: 1. I agree ToS is crap...at the beginning of this journal I was having all sorts of problems with them. They do, however, have many good learning tools that I really like. In regards to...
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    Working on Consistent Profitability

    Nod, Sorry I wasn't more specific...I meant when you enter there may be times when your protective stop is far away...meaning, there are some pretty steep trendlines on some days. Fishing, Ya, I understand what you are saying. I've also think you hinted at something that my personality...
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    Working on Consistent Profitability

    Nod, For you to trade this type of set-up do the waves up/down need to follow a given set of rules? It seems with the CL when there are strong moving/strong trending days, you could be placing your stop 20-30 ticks away. Personally, I've been working more on how bigsnack trades with...
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    Working on Consistent Profitability

    Man I traded like crap today. On the scale of bad trades, I had 1 so-so trade that I probably shouldn't have been in, 1 bad trade, and 1 really bad trade. On top of that I was really unfocused in the morning...I was sitting around just watching until inventories came out then there wasn't much...
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    Working on Consistent Profitability

    Nod and Fishing, Thanks for your replies...being an engineer, I tend to focus on numbers :) Im trying to get a better undersanding of how you guys (and girls) analyze (if at all) your trading ni regards to stats. I guess what Im getting at is if you are trading full time for a living and...
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    Working on Consistent Profitability

    Ya good point, I don't want to get too hung up on winrate. I've been equating win rate to how well I trade during the day. Maybe thats not the right mentality to have. Today I think I could've managed trades a bit differently but they still would've wound up losers or B/E's. I can't really...
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    Working on Consistent Profitability

    Today was an extremely gratifying day. I thought for sure I was going to be in the red or at best around B/E. I kept getting caught up in the chop all day...my entry would be ok and then it move a bit, then I get stopped out...seemed like that happened 5 times in a row. Well actually it was 5...
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    Working on Consistent Profitability

    Ugggg...what a blah day. I think I was trying to be to cute and fancy with my stops and it really bit me today. I was working on the whole dynamic stop vs. be vs leaving it in place...I was just too quick to move a stop to the next closest s/r level and that cause a couple stop outs that...
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    Working on Consistent Profitability

    Wound up being a pretty good day. I made a mistake around 10:30 that caused me to have a losing trade. I entered at 83.46 instead of waiting for the support at 83.42...I think this was due to missing trades earlier in the day by a couple ticks and I just wanted to get in the market b/c I felt...
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    CL Redux

    Hey guys, thought I would say hi and start joining some of the discussion...being lurking awhile...just no posts. i was looking a deja's posts and Im trying to wrap my brain around it a bit...I understand that price has to reach the MA 100% of the time but that seems irrelevant. All that...
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    Working on Consistent Profitability

    So we are midday on this very nice trending day...Im having an ok day...just being really conservative for whatever reason. Maybe because its an inventory day. Anyway, Im realizing a major hole in my trading. I don't really have a strategy if I miss an entry off S/R. The pullbacks have...
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    Working on Consistent Profitability

    A really mediocre trading day for me. I was in a bit of a haze all morning...I haven't been getting that much sleep the past couple nights b/c the little woofer keeps trying to jump into bed at night...and he did it a lot last night. Didn't sleep well at all...I wasn't up until 7am and even...
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    Working on Consistent Profitability

    Man its amazing how fast good days turn into bad and visa versa. Just when I had written about how I haven't had a "I would not have done much differently" day...that day came today. For my ability level, I don't think I would've done much differently today...there I said it :) I didn't go...
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